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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>0001225208-10-003515.txt : 20100204
<SEC-HEADER>0001225208-10-003515.hdr.sgml : 20100204
<ACCEPTANCE-DATETIME>20100204183214
ACCESSION NUMBER:		0001225208-10-003515
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20100202
FILED AS OF DATE:		20100204
DATE AS OF CHANGE:		20100204

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Moran Mary Beth
		CENTRAL INDEX KEY:			0001343919

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-51296
		FILM NUMBER:		10575249

	MAIL ADDRESS:	
		STREET 1:		COMMUNITY FINANCIAL SHARES, INC.
		STREET 2:		357 ROOSEVELT ROAD
		CITY:			GLEN ELLYN
		STATE:			IL
		ZIP:			60137

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			COMMUNITY FINANCIAL SHARES INC
		CENTRAL INDEX KEY:			0001123735
		STANDARD INDUSTRIAL CLASSIFICATION:	SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
		IRS NUMBER:				364387843
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		357 ROOSEVELT ROAD
		CITY:			GLEN ELLYN
		STATE:			IL
		ZIP:			60137
		BUSINESS PHONE:		6305450900

	MAIL ADDRESS:	
		STREET 1:		357 ROOSEVELT ROAD
		CITY:			GLEN ELLYN
		STATE:			IL
		ZIP:			60137
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>doc4.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2010-02-02</periodOfReport>

    <issuer>
        <issuerCik>0001123735</issuerCik>
        <issuerName>COMMUNITY FINANCIAL SHARES INC</issuerName>
        <issuerTradingSymbol>CFIS</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001343919</rptOwnerCik>
            <rptOwnerName>Moran Mary Beth</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>357 ROOSEVELT ROAD</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>GLEN ELLYN</rptOwnerCity>
            <rptOwnerState>IL</rptOwnerState>
            <rptOwnerZipCode>60137</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2010-02-02</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>P</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>150</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>10.05</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1202</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Option (Right-to-Buy)</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>19.5</value>
                <footnoteId id="F2"/>
            </conversionOrExercisePrice>
            <exerciseDate>
                <footnoteId id="F3"/>
            </exerciseDate>
            <expirationDate>
                <value>2015-05-26</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>900</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>900</value>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">On December 26, 2006, the common stock of Community Financial Shares, Inc. split 2-for-1, resulting in the reporting person's ownership of 500 additional shares of common stock. In addition, on April 5, 2007, Lakeside Partners partnership dissolved and made a distribution of common stock of Community Financial Shares, Inc. to its directors. Due to the distribution Ms. Moran retained an ownership interest in 52 shares of common stock of Community Financial Shares, Inc. These shares are now held in direct ownership.</footnote>
        <footnote id="F2">On December 26, 2006, the common stock of Community Financial Shares, Inc. split 2-for-1, resulting in the reporting person's ownership of 450 additional stock options at an exercisable price of $19.50.</footnote>
        <footnote id="F3">Stock Options are fully vested and exercisable.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>Scott W. Hamer, Power of Attorney</signatureName>
        <signatureDate>2010-02-04</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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